Bacterial Biopesticides Market is Estimated to be Worth $1,438.6 Million by 2019, at a CAGR of 13.4% from 2014 to 2019
Bacterial biopesticides comprise micro-organisms (bacterium) as active ingredients, which are capable of preventing pests from harming the crops. The bacterial biopesticides are widely used as insecticides to control the growth of plant pathogenic bacteria and fungi. As insecticides, they are mostly specific to the individual species of moths and butterflies or species of beetles, flies, and mosquitoes. Bacterial biopesticides have attained a niche position in the biopesticides market and is largely driven by the growing awareness regarding the hazardous impact of synthetic inputs in conventional farming, coupled with the rising population, limited availability of arable land, and growing environmental concerns. They are very effective in controlling the agricultural pests without compromising with the productivity and profitability of agriculture. The global bacterial biopesticides market is dominated by the bacillus thuringiensis bacteria, which produces insecticidal protein...